An MEDC is a "more economically developed country." Characteristics of a country labelled this include successful trade agreements, wealth, purchase of raw materials to use in production, lower death rates, and generally lower birth rates.
Chat with our AI personalities
Characterstics of medc and ledc are the following
gnp,
Hdi,
people per doctor,
literacy rate,
national population growth,
access to safe water,
infant mortality and
life expectancy.
Hope that helps
In response to the other persons answer: * Africa is a continent, but yes, the countries in Africa are all LEDCs.
I would say yes - Montserrat was a British colony, so some people may argue that it was an MEDC, however there are also many African countries that were British colonies, and they would never be considered an MEDC. Therefore, due to the fact that many people have poorly paying jobs, and the island's economy suffered greatly due to the volcano, I think it is an LEDC.
When companies outsource to developing nations, their communities benefit. They will eventually see their economy pick up because of the influx of money.
agreement,trade
The institutional characteristics are national party leadership, party platforms, and parties at the state and local level.